Overview

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Est.

1983

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Lake Hospital System Inc, identified by EIN 34-1425870, is a nonprofit organization dedicated to providing comprehensive hospital and community health care services to the residents of Lake County and neighboring communities. With an operating budget of $434.2 million and total revenue of $475.5 million for the filing year 2021, the organization partners with local entities to ensure access to compassionate and high-quality health care. Notably, it does not rely on a single funder for more than 50% of its revenue, which underscores its diverse funding base. For more information, visit www.lakehealth.org.

Mission Statement

TO PROVIDE COMPREHENSIVE HEALTH CARE SERVICES TO THE RESIDENTS OF LAKE COUNTY AND NEIGHBORING COMMUNITIES IN PARTNERSHIP WITH THOSE WHO SHARE A COMMITMENT TO LOCAL ACCESS, HEALING WITH COMPASSION, AND SUPERIOR QUALITY.
Revenues
$475.5M
Expenses
$434.2M
Net Income:
+$41.3M
Assets
$631.2M
Liabilities
$121.8M
Net Assets:
+$509.4M
Operating Budget
$434.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$19.4K
Largest grant received
$952.7K
C
Cynthia Moore-Hardy
Board Member
R
Raymond Sines
Board Member
D
David Steiger Md
Board Member

Frequently Asked Questions

What is LAKE HOSPITAL SYSTEM INC’s budget?
In 2021, LAKE HOSPITAL SYSTEM INC reported an annual operating budget of around $434.2 million. More detailed financial information is available to registered users.
What causes does LAKE HOSPITAL SYSTEM INC support?
LAKE HOSPITAL SYSTEM INC supports work in Community health care and Hospital care.
Where does LAKE HOSPITAL SYSTEM INC operate?
LAKE HOSPITAL SYSTEM INC is headquartered in Shaker Heights, OH.
Who funded LAKE HOSPITAL SYSTEM INC recently?
In 2024, LAKE HOSPITAL SYSTEM INC received grants from LAKE HOSPITAL FOUNDATION INC, THE GREATER CLEVELAND HEALTHCARE ASSOCIATION, and THE GREATER CLEVELAND HEALTHCARE ASSOCIATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAKE HOSPITAL SYSTEM INC received in 2024?
The largest grant to LAKE HOSPITAL SYSTEM INC in 2024 exceeds $953 thousand.
What is LAKE HOSPITAL SYSTEM INC’s reliance on government grants?
LAKE HOSPITAL SYSTEM INC relied on government grants for less than 5% of their total revenue in 2021.